Nigeria 2025 Licensing Round
On November 11, 2025, the Nigerian Upstream Petroleum Regulatory Commission (“NUPRC” or the “Commission”) announced that Nigeria’s 2025 Licensing Round will commence on December 1, 2025. The announcement was made by the Commission’s Chief Executive, Engineer Gbenga Komolafe, at the 1MMBOPD Additional Production Investment Forum in London. The licensing round focuses on discovered but undeveloped […]
UPSTREAM PETROLEUM FEES AND RENTS (TEMPORARY) REGULATIONS, 2025
Introduction On May 5, 2025, the Nigerian Upstream Petroleum Regulatory Commission (the “Commission”) issued the Upstream Petroleum Fees and Rents (Temporary) Regulations, 2025 (the “Regulation”) which is to serve as a temporary regulatory framework for the determination of fees and rents in the upstream sector pending consultations with stakeholders. The Regulation sets interim measures to […]
